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India had dropped the ball & exported excess wheat in 2004-05. Modi govt shouldn’t repeat it -Shweta Saini, Siraj Hussain, and Pulkit Khatri

-ThePrint.in In 2004-05, lack of information on private trade contracts resulted in much larger quantities of wheat exports than intended. India had to import for years to make up. It is clear by now that Indian wheat production in 2021-22 Rabi season is going to be lower than the government’s second advance estimate of 16 February 2022, of 111.32 million metric tonnes (MMTs). The moot question is by how much? Also, if...

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‘Temporary ban on cotton exports likely’ -Ravi Dutta Mishra

-Livemint.com Cotton prices have touched ₹90,000 per candy. Prices of some  varieties of have  touched ₹100,000 per candy The Union government may impose a temporary ban on cotton exports if cotton prices continue to surge, textiles secretary Upendra Prasad Singh told Mint. The statement comes at a time when the Indian textile Industry is reeling under a spike in cotton and yarn prices, impacting production and exports. Cotton prices have doubled in barely...

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After a hiatus, household consumer spending survey to resume in July -Vikas Dhoot

-The Hindu It helps arrive at estimates of poverty levels The All-India Household Consumer Expenditure Survey, usually conducted by the National Statistical Office (NSO) every five years, is set to resume this year after a prolonged break. India hasn’t had any official estimates on per capita household spending, used to arrive at estimates of poverty levels in different parts of the country and to review economic indicators like the Gross Domestic Product (GDP),...

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Conflicting economic, strategic interests loom over RBI’s Monetary Policy Committee meeting -Mitali Mukherjee

-Scroll.in Warming up to Russia may help as growth forecasts have been cut and fuel prices are rising but could sabotage the tightrope New Delhi is walking with the West. The Reserve Bank of India’s Monetary Policy Committee meeting will kick off on April 6. Much has happened on the politico-economic landscape since the central bank last met and spoke. For starters, growth targets are seeing some salami-slicing of their own. On...

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Making groundwater visible -Srikumar Chattopadhyay

-The Hindu The existing approach of dealing with surface water and groundwater independently has severe limitations The theme of this year’s World Water Day (March 22) was ‘Groundwater: Making the Invisible Visible’. The primary focus is to draw attention to the role of groundwater in water and sanitation systems, agriculture, industry, ecosystems, and climate change adaptation. Groundwater helps reduce the risk of temporary water shortage and caters to the needs of arid...

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